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14 Metaverse: Technology Design Principles and Future Forecasts

  • Zvezdan Vukanovic
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Abstract

The metaverse is a new digital interaction paradigm that will transform the global economy and impact stakeholders in business and society. This chapter provides an in-depth, synoptic, and multidisciplinary view of the causes and effects of the metaverse’s main applications and challenges in the workplace. Moreover, it offers guidelines and benefits to a wide range of audiences including field experts, researchers, academics, university practitioners, corporate businesses, and metaverse users. Correspondingly, this chapter presents an inductive classification of various literature works by reviewing the impact of each business and technological enabler on its subsequent development. Notably, it identifies new opportunities in the metaverse business technology architecture, platform, and ecosystem within each component by deducing challenges and existing issues that are linked to research directions.

Abstract

The metaverse is a new digital interaction paradigm that will transform the global economy and impact stakeholders in business and society. This chapter provides an in-depth, synoptic, and multidisciplinary view of the causes and effects of the metaverse’s main applications and challenges in the workplace. Moreover, it offers guidelines and benefits to a wide range of audiences including field experts, researchers, academics, university practitioners, corporate businesses, and metaverse users. Correspondingly, this chapter presents an inductive classification of various literature works by reviewing the impact of each business and technological enabler on its subsequent development. Notably, it identifies new opportunities in the metaverse business technology architecture, platform, and ecosystem within each component by deducing challenges and existing issues that are linked to research directions.

Chapters in this book

  1. Frontmatter I
  2. Contents V
  3. List of Contributors IX
  4. Introduction XVII
  5. Acknowledgements XXI
  6. I Digital Transformation in the Workplace
  7. 1 Innovation: Five Key Strategies to Business Transformation 1
  8. 2 Position, Genre, and Social Innovation: The Creative Next Step 19
  9. 3 Data Analytics: Making Organizations Smarter 29
  10. 4 Artificial Intelligence and the Transformation of the Working Sphere 47
  11. 5 Metaverse: Business Design and Applications 69
  12. 6 Remote Working from Home: The Adaptive Organization 81
  13. 7 The Platformization of Media Information and Entertainment 95
  14. II Technology Trends and Forecasts
  15. 8 Smart Cities: The Creative Next Step 121
  16. 9 Web3: Exploring Technologies, Challenges, and Innovative Applications in the Media and Creative Industries 135
  17. 10 The Internet of Things 153
  18. 11 Human-Computer Interaction 169
  19. 12 OTT Video Streaming: Redefining the Future of Television 183
  20. 13 Innovation in Public Service Media Organizations 201
  21. 14 Metaverse: Technology Design Principles and Future Forecasts 217
  22. III Digital Lifestyle: Social and Business Perspectives
  23. 15 The Power of Social Media: Shaping the Public Conversation 239
  24. 16 Cyberbullying and the Power of Social Media 253
  25. 17 Cybercrime and Organizational Adoption of Cyber Incident Response Planning 271
  26. 18 Transmedia Storytelling and Innovation 289
  27. 19 A Critical Analysis of the Current Position of the Brazilian Supreme Court on the Right to Be Forgotten 307
  28. 20 Playbour in Web3: Cryptogames and Playing to Earn 321
  29. List of Figures 335
  30. List of Tables 337
  31. About the Editor 339
  32. Index 341
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